marine

Marine Cargo & Hull

Marine Cargo insurance pertains to goods being transported from one point to another, intra-city, or inter-city, or between countries using medium of land, air, or sea are all covered under this category. It may also include temporary storage.

Marine Hull covers the vessel itself (including the machinery within) whether it is used for transportation of goods / people or for some other purpose. It may be a ship being taken on its final journey to a ship breaking yard. Usually, Hull insurance is employed for aircrafts and ships but not for insuring land-based vehicles.

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